Earnings Per Share and Capital Transactions

6 Months Ended

Jun. 30, 2011

Earnings Per Share and Capital Transactions [Abstract]

Earnings Per Share and Capital Transactions

6.) Earnings Per Share and Capital Transactions:

The following table sets forth the computation of basic earnings per common share and diluted earnings per common share. Basic earnings per share is computed by dividing net income by the weighted average number of shares outstanding during the applicable period.

	THREES MONTHS ENDED				SIX MONTHS ENDED
	June 30,				June 30,
	2011		2010		2011		2010
Net income	$	1,321	$	1,324	$	2,190	$	2,218
Weighted average common shares outstanding		4,525,540		4,525,546		4,525,541		4,525,548
Basic earnings per share	$	0.29	$	0.29	$	0.48	$	0.49
Diluted earnings per share	$	0.29	$	0.29	$	0.48	$	0.49